Sky Current Ratio from 2010 to 2024

SKYH Stock  USD 9.85  0.09  0.91%   
Sky Harbour's Current Ratio is increasing with slightly volatile movements from year to year. Current Ratio is predicted to flatten to 6.65. Current Ratio is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. View All Fundamentals
 
Current Ratio  
First Reported
2010-12-31
Previous Quarter
8.74202976
Current Value
6.65
Quarterly Volatility
5.94621846
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Sky Harbour financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sky Harbour's main balance sheet or income statement drivers, such as Interest Expense of 514 K, Selling General Administrative of 15.9 M or Research Development of 157.4 K, as well as many indicators such as Price To Sales Ratio of 19.94, Dividend Yield of 0.0 or PTB Ratio of 2.41. Sky financial statements analysis is a perfect complement when working with Sky Harbour Valuation or Volatility modules.
  
Check out the analysis of Sky Harbour Correlation against competitors.

Latest Sky Harbour's Current Ratio Growth Pattern

Below is the plot of the Current Ratio of Sky Harbour Group over the last few years. It is a liquidity ratio that measures a company's ability to pay short-term obligations or those due within one year. It compares a firm's current assets to its current liabilities. Sky Harbour's Current Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sky Harbour's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 8.16 X10 Years Trend
Slightly volatile
   Current Ratio   
       Timeline  

Sky Current Ratio Regression Statistics

Arithmetic Mean3.43
Geometric Mean0.88
Coefficient Of Variation173.36
Mean Deviation4.51
Median0.36
Standard Deviation5.95
Sample Variance35.36
Range19.7982
R-Value0.62
Mean Square Error23.34
R-Squared0.39
Significance0.01
Slope0.83
Total Sum of Squares495.01

Sky Current Ratio History

2024 6.65
2023 8.74
2022 12.13
2021 20.06
2020 0.26

About Sky Harbour Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Sky Harbour income statement, its balance sheet, and the statement of cash flows. Sky Harbour investors use historical funamental indicators, such as Sky Harbour's Current Ratio, to determine how well the company is positioned to perform in the future. Although Sky Harbour investors may use each financial statement separately, they are all related. The changes in Sky Harbour's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Sky Harbour's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Sky Harbour Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Sky Harbour. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Ratio 8.74  6.65 

Currently Active Assets on Macroaxis

Additional Information and Resources on Investing in Sky Stock

When determining whether Sky Harbour Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sky Harbour's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sky Harbour Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sky Harbour Group Stock:
Check out the analysis of Sky Harbour Correlation against competitors.
You can also try the Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sky Harbour. If investors know Sky will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sky Harbour listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.35)
Revenue Per Share
0.472
Quarterly Revenue Growth
1.172
Return On Assets
(0.03)
Return On Equity
(0.37)
The market value of Sky Harbour Group is measured differently than its book value, which is the value of Sky that is recorded on the company's balance sheet. Investors also form their own opinion of Sky Harbour's value that differs from its market value or its book value, called intrinsic value, which is Sky Harbour's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sky Harbour's market value can be influenced by many factors that don't directly affect Sky Harbour's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sky Harbour's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sky Harbour is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sky Harbour's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.